Tag: Moody S

"We expect post-IPO improvements in LIC's operating performance and profitability to drive comparable changes across the wider life insurance sector."

  Bhubaneswar: The suicide of Bargarh farmer Brunda Sahu allegedly over crop loss continues to remain a major political issue in the state with BJP State in-charge Arun Singh lambasting the State government over the farmers’ plight in Odisha.   Addressing a press conference here today, Singh alleged that Brunda Sahu of Kalapani village of […]

New Delhi: The just effected Goods and Services Tax (GST) regime in India is positive for the country’s credit profile as it would increase government revenues through improved tax compliance, US ratings agency Moody’s said on Sunday. “It (GST) will support higher government revenue generation through improved tax compliance and administration. Both will be positive […]

The bullish projections for the Indian economy continue. A week after it revised its outlook on India to positive from stable, global ratings major Moody's pegged the country's growth at 7.5 percent for 2015, while the Economist Intelligence Unit said a 7.1 percent expansion will be sustained over the next four years

New Delhi: In a blow to India, Moody’s Investors Service has cut the country’s credit rating outlook to negative – the first step towards a downgrade, saying the government has been partly ineffective in addressing economic weakness, leading to rising risks that growth will remain lower. While foreign currency rating was retained at Baa2 – […]

New Delhi: Amid the global coronavirus pandemic, Moody’s Investors Service slashed its estimate of India’s GDP growth during 2020 calendar year to 2.5 per cent, from an earlier estimate of 5.3 per cent on Friday. It said the pandemic will cause unprecedented shock to the global economy. The estimate for 2020 compares to 5 per […]

New Delhi: Although businesses and economic activities around the world have resumed post the pandemic-related lockdowns, most countries are unlikely to return to their pre-pandemic activity levels until 2022, a report by Moody’s Investors Service said. As per the report, a slow and bumpy global recovery is expected. It, however, added that despite the relative […]